# Milk futures, cash dairy lower - Brownfield Ag News

> Class III milk futures on the CME fell on demand uncertainty and follow-through selling, with October down 5 cents to $16.24. Cash cheese blocks slipped slightly to $1.735 and butter fell 7 cents to $2.315, while nonfat dry milk eased to $0.8275. USDA reported Midwest milk production declined over the past week, making processing milk harder to find.

- Date: 2017-09-29 · published 2017-09-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69079-milk-futures-cash-dairy-lower-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tighter Midwest milk supply for processors is a mild support for dairy-based feed ingredients, but softer futures and cash prices point to weaker dairy product values and limited pressure on milk-based feed demand.

## Read by commodity

- MILK: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/milk-futures-cash-dairy-lower-4/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.